Understanding annuities once and for allKirk Ashburn
Your guide to understanding the fundamentals of annuities, including their pros and cons, in an easy to understand manner so you can make an educated decision. Is guaranteed income for the rest of my life important to me? Is protecting the downside of my investment important to my family? Will I sleep better at night knowing that my investment will not lose value if the market drops tomorrow?
Want to understand how our population is aging and what it means for you? Want an Action Plan for retirement? Use Abaris' simple tutorial to get answers to these questions and more.
Science has proved it: people today are living longer than ever before. But as average life expectancies have been rising, the mean retirement age has stayed more or less the same. Since 1940 the average life span has gone up about 17 years, now at about age 79, yet the average age of retirement is more or less the exact same, about 65 years old. That leaves a big gap of your life filled without a paycheck, which is why Social Security, pensions and retirement income products are so important.
Despite the importance of Social Security and pension plans, fewer people than ever have pensions today and Social Security rarely covers all of a retiree’s expenses. On average, money received from Social Security only makes up about 42% of an individual’s pre-retirement income. Additionally, Social Security reserves are suffering from underfunding, and are expected to run out by 2033 under current law. Pension plans are great in that they guarantee a lifetime income, but they’re becoming more and more rare. Today, the predominant form of individual retirement savings is in 401(k)s and IRAs. But those plans don’t automatically provide lifetime income, leaving people to struggle with longevity risk: the chance that you live far longer than you expect. If you lead a long healthy life, as you certainly hope to, you’d end up running out of your savings.One solution? Deferred income annuities.
A deferred income annuity is a way of insuring against longevity. You make a payment, or series of payments, to an insurance company. Insurance companies are able to pool risk and use the market for pooling and protection in ways that you can’t on your own. This allows them to pay you an annual income, beginning at some future date, for the rest of your life. Surely stocks tend to yield a greater financial return, but with a deferred income annuity the value is in the guaranteed protection and the peace of mind. Deferred income annuities aren’t right for everyone. If you’re younger than 45, in below average health, most concerned about passing money onto your heirs, able to “self-insure” off the wealth of your investment income, or if you haven’t saved enough and need to keep the money you have in case of emergency then you’re probably not the best fit for a deferred income annuity. But otherwise, you’re looking like a great candidate.
Understanding annuities once and for allKirk Ashburn
Your guide to understanding the fundamentals of annuities, including their pros and cons, in an easy to understand manner so you can make an educated decision. Is guaranteed income for the rest of my life important to me? Is protecting the downside of my investment important to my family? Will I sleep better at night knowing that my investment will not lose value if the market drops tomorrow?
Want to understand how our population is aging and what it means for you? Want an Action Plan for retirement? Use Abaris' simple tutorial to get answers to these questions and more.
Science has proved it: people today are living longer than ever before. But as average life expectancies have been rising, the mean retirement age has stayed more or less the same. Since 1940 the average life span has gone up about 17 years, now at about age 79, yet the average age of retirement is more or less the exact same, about 65 years old. That leaves a big gap of your life filled without a paycheck, which is why Social Security, pensions and retirement income products are so important.
Despite the importance of Social Security and pension plans, fewer people than ever have pensions today and Social Security rarely covers all of a retiree’s expenses. On average, money received from Social Security only makes up about 42% of an individual’s pre-retirement income. Additionally, Social Security reserves are suffering from underfunding, and are expected to run out by 2033 under current law. Pension plans are great in that they guarantee a lifetime income, but they’re becoming more and more rare. Today, the predominant form of individual retirement savings is in 401(k)s and IRAs. But those plans don’t automatically provide lifetime income, leaving people to struggle with longevity risk: the chance that you live far longer than you expect. If you lead a long healthy life, as you certainly hope to, you’d end up running out of your savings.One solution? Deferred income annuities.
A deferred income annuity is a way of insuring against longevity. You make a payment, or series of payments, to an insurance company. Insurance companies are able to pool risk and use the market for pooling and protection in ways that you can’t on your own. This allows them to pay you an annual income, beginning at some future date, for the rest of your life. Surely stocks tend to yield a greater financial return, but with a deferred income annuity the value is in the guaranteed protection and the peace of mind. Deferred income annuities aren’t right for everyone. If you’re younger than 45, in below average health, most concerned about passing money onto your heirs, able to “self-insure” off the wealth of your investment income, or if you haven’t saved enough and need to keep the money you have in case of emergency then you’re probably not the best fit for a deferred income annuity. But otherwise, you’re looking like a great candidate.
Their are Three aspects in Wealth Management..
1) Investment Planning
2) Insurance Planning
3) Estate Planning
In this E Book we talk about insurance planning and how to can protect our wealth... Both Mediclaim & Term Plan is covered in this PPT...
Enjoy Reading :-)
Hi Friends,This presentation provides the details about the pension plan and its benefit.You can know now that why pension plan is important for life and in old age.For more details visit here :- www.thepolicykart.com..also you can check cons and pros of this plan also,because many companies provide pension plan,but the executive didn't provide the proper details to them.
Life Insurance and Health Insurance are a vital part of out life. The presentation provides brief description and benefits of Insurance and misconceptions which general public have about it.
"The Case For Annuity," by Phil Wasserman. This book shows an unbiased view on annuities, how they can offer you secure income streams, and growth potential while having no market risk or volatility.
I recently returned from the MDRT meeting in Vancouver BC, many of the "big hitters" are using the "Living Benefit" policies because of the "added value" they bring to the client along with "something new and different" to the insurance discussion ( i.e. do you have the "old" insurance or the "new" insurance? etc.) They also mentioned the statistic that 80% of the people will have a Heart, Stroke, or Cancer concerns ( Critical Illness) in their lifetime.
Self-Owned Life & Retirement Insurance Arrangement (S.O.L.A.R.)Lee Rogers
A Self Owned Life & Retirement (S.O.L.A.R.) Insurance Arrangement is an arrangement where an executive purchases a Voya Indexed Universal Life-Global Choice (Voya IUL-Global Choice) policy, issued by Security Life of Denver Insurance Company, to provide death benefit protection and to help accumulate funds for retirement. The arrangement can be funded through employer contributions (as a §162 bonus plan), through after-tax contributions from the executive, or a combination of both. While premium payments must be treated as ordinary income, the executive can borrow money from the Voya IUL-Global Choice life insurance policy to pay income taxes. The executive can use the policy as a source of supplemental retirement income, as a source of survivorship benefits, or both.
I recently returned from the MDRT meeting in Vancouver BC, many of the "big hitters" are using the "Living Benefit" policies because of the "added value" they bring to the client along with "something new and different" to the insurance discussion ( i.e. do you have the "old" insurance or the "new" insurance? etc.) They also mentioned the statistic that 80% of the people will have a Heart, Stroke, or Cancer concerns ( Critical Illness) in their lifetime.
Their are Three aspects in Wealth Management..
1) Investment Planning
2) Insurance Planning
3) Estate Planning
In this E Book we talk about insurance planning and how to can protect our wealth... Both Mediclaim & Term Plan is covered in this PPT...
Enjoy Reading :-)
Hi Friends,This presentation provides the details about the pension plan and its benefit.You can know now that why pension plan is important for life and in old age.For more details visit here :- www.thepolicykart.com..also you can check cons and pros of this plan also,because many companies provide pension plan,but the executive didn't provide the proper details to them.
Life Insurance and Health Insurance are a vital part of out life. The presentation provides brief description and benefits of Insurance and misconceptions which general public have about it.
"The Case For Annuity," by Phil Wasserman. This book shows an unbiased view on annuities, how they can offer you secure income streams, and growth potential while having no market risk or volatility.
I recently returned from the MDRT meeting in Vancouver BC, many of the "big hitters" are using the "Living Benefit" policies because of the "added value" they bring to the client along with "something new and different" to the insurance discussion ( i.e. do you have the "old" insurance or the "new" insurance? etc.) They also mentioned the statistic that 80% of the people will have a Heart, Stroke, or Cancer concerns ( Critical Illness) in their lifetime.
Self-Owned Life & Retirement Insurance Arrangement (S.O.L.A.R.)Lee Rogers
A Self Owned Life & Retirement (S.O.L.A.R.) Insurance Arrangement is an arrangement where an executive purchases a Voya Indexed Universal Life-Global Choice (Voya IUL-Global Choice) policy, issued by Security Life of Denver Insurance Company, to provide death benefit protection and to help accumulate funds for retirement. The arrangement can be funded through employer contributions (as a §162 bonus plan), through after-tax contributions from the executive, or a combination of both. While premium payments must be treated as ordinary income, the executive can borrow money from the Voya IUL-Global Choice life insurance policy to pay income taxes. The executive can use the policy as a source of supplemental retirement income, as a source of survivorship benefits, or both.
I recently returned from the MDRT meeting in Vancouver BC, many of the "big hitters" are using the "Living Benefit" policies because of the "added value" they bring to the client along with "something new and different" to the insurance discussion ( i.e. do you have the "old" insurance or the "new" insurance? etc.) They also mentioned the statistic that 80% of the people will have a Heart, Stroke, or Cancer concerns ( Critical Illness) in their lifetime.
Spencer Lodge Fund Advisers Dubai Life Insurance. Spencer Lodge MD of Fund Advisers Dubai Universal life insurance offers you the freedom to increase or decrease your policy’s death benefit to fit your individual needs. Policies have minimum and maximum premium amounts that you must meet to maintain your coverage, but the timing of payments can be flexible. Access to cash values Universal life insurance policies have a cash value that has the potential to increase over time. If financial needs arise, you can tap into your policy by taking tax-advantaged policy loans and making partial withdrawals without income taxes.
Annuities are hard to understand for most retirees, this easy to read booklet explains the new types of annuities and the amazing features they have. Whether you’re looking to purchase an annuity or want information on your current annuities, this booklet provides all the answers you may be looking for.
We provide a business platform to
associates, which gives the support
and systems they need to build
strong businesses and create better
lives for themselves.
Many financial services companies focus on
only the wealthy few; thus many individuals
and families are grossly underserved.
There is an overwhelming need to help
middle-income individuals and families with
their finances, but there is an insufficient
number of companies that are willing to
help them.
Is Your Retirement At Risk In Today's Economy?Neal Mandelbaum
If you are seeking guaranteed, predictable income that you cannot outlive with the flexibility to start and stop your payments, then Income For Life may be right for you.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
Survivor universal life insurance 4088541883 san jose california connie dello...Connie Dello Buono
connie dello buono 4088541883 san jose california ca life ins lic 0G60621 on page 3 is about preserving your heir's inheritance, charitable gifts, key person coverage and wealth transfer
Loan Insurance from Desjardins Financial
Security provides a tax-free benefit if you’re
unable to work because of an illness, accident,
or in case of death.
Guarantee Advantage® is a market-linked term investment that provides you with a return at maturity that falls within a pre-determined range. That means you can't lose any money and, you have the potential to earn more than you would with a fixed-interest term investment.
Garantie AvantageMD est un placement à terme lié au marché qui vous assure d'obtenir, à l'échéance, un rendement se situant à l'intérieur d'une fourchette de taux précise. Vous savez donc à l'avance que vous ne perdrez pas d'argent et vous avez accès à un potentiel de rendement plus élevé que celui d'un placement à terme à taux fixe.
1. MARKET-LINKED TERM INVESTMENTS
CAMPAIGN OF FEBRUARY 2014
Deadline for Deposits January 31, 2014 at 4 p.m. (Eastern Time)
Securities
Healthcare
Consumer Staples
Financials
Global Diversified
• Bristol-Myers Squibb Co.
• Eli Lilly
• GlaxoSmithKline PLC
• Johnson & Johnson
• Merck & Co. Inc.
• Novartis AG
• Pfizer Inc.
• Roche Holding AG
• Sanofi-Aventis SA
• Takeda Pharmaceutical
• Coca-Cola Co.
• ConAgra Foods Inc.
• Danone SA
• General Mills
• Kellogg Company
• Kimberley-Clark Corp.
• Nestlé SA
• Procter & Gamble Co.
• Tesco PLC
• Unilever NV
• Bank of Montreal
• CIBC
• Great-West Lifeco Inc.
• Intact Financial Corporation
• Manulife Financial Corp.
• Royal Bank of Canada
• Scotiabank
• TD Bank Group
Co. Ltd
• 3M
• AstraZeneca PLC
• Bank of Montreal
• BASF SE
• Commonwealth Bank
• Exxon Mobil
• General Mills
• IBM
• Johnson & Johnson
• Microsoft Corp
• National Grid
• Procter & Gamble
• Rogers
Communications
• Royal Bank
of Canada
• Siemens
• Takeda
Pharmaceuticals
• TD Bank Group
• Thomson Reuters
• TransCanada Corp.
• Unilever PLC
Terms
3 years and 2 days
5 years and 2 days
Healthcare
Initial Date
Maturity Date
February 12, 2014
February 14, 2017
Initial Date
Maturity Date
Consumer Staples, Financials and Global Diversified
February 14, 2014
February 14, 2014
February 16, 2017
February 16, 2019
February 12, 2014
February 14, 2019
Return options
3 years and 2 days
1.5%
Guaranteed
minimum return
(annual return: 0.50%)
Potential
maximum return
(annual return: 2.28%)
7%
0%
10%
(annual return: 3.23%)
5 years and 2 days
5%
(annual return: 0.98 %)
18%
(annual return: 3.37%)
0%
28%
(annual return: 5.06 %)
If the return at maturity is between the minimum and maximum percentage of the chosen option, the actual return will be used.
Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company.
2. MARKET-LINKED TERM INVESTMENTS
Features
Minimum Deposit 1
$500
Deposits are accepted up to age 95.
Eligibility for registered plans 2,3 RRSPs, RRIFs, LIRAs, LIFs, TFSA and non-registered
Surrender option
The Initial Deposit may be surrendered or transferred in full or in part at any time.
Surrender Value = Current Value – [(compound interest rate on Deposit with similar remaining term + 1.5%)
X number of years to maturity remaining X Current Value]
The Surrender Value cannot be greater than the Initial Deposit.
Death Benefit guarantee
The Death Benefit amount is equal to 100% of the Initial Deposit.
Interest on Deposits made
before an Initial Date
Interest rate of the special Daily Interest Fund: 1%
Management fees
No fees
Participation rate
100%
Assuris protection
Yes
Creditor protection
4
When a “preferred” Beneficiary or an irrevocable Beneficiary is named.
Specific Business Days
Specific Business Days are used to calculate the Investment rate of Return.
3 years et 2 days
5 years et 2 days
Healthcare
December 12, 2016
January 12, 2017
February 13, 2017
December 12, 2018
January 15, 2019
February 12, 2019
Consumer Staples
Financials
Global Diversified
December 14, 2016
January 17, 2017
February 14, 2017
December 14, 2018
January 15, 2019
February 14, 2019
To write on the Contract Application
“GA” followed by the name of the basket of securities and the return option chosen by the client. For example:
GA Healthcare 0-10
GA Financials 5-18
All Deposits are initially invested in a special Daily Interest Fund pending their investment on
the next issue date. The sum accumulated (minimum $500) on this date, called the Initial Date,
constitute the Initial Deposit and will be invested in Guarantee Advantage®. The maturity date
of a PAC depends on the Initial Date and term.
2
Eligible for LIFs only under the Quebec legislation.
3
No periodic payments for a RRIF or a LIF.
4
This is for your information only and does not constitute a legal opinion. The exemption from
seizure rules can differ by province and can be very complex. Contracts are subject to seizure if it
can be proven that the plan was set up to avoid paying off a debt or if the insured goes bankrupt
within one year of designating a Beneficiary. We recommend that you contact a lawyer or notary
to review your specific situation.
The information contained in this material is subject to change without notice.
Desjardins Insurance reserves the right to suspend Guarantee Advantage® Deposits for
the February 2014 campaign or to postpone the Initial Date.
09014E (13-11)
1
Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company.
100%
®
Registered trademark owned by Desjardins Financial Security